Lam Research (NASDAQ:LRCX) has outperformed the market over the past 15 years by 11.36% on an annualized basis producing an average annual return of 23.1%. Currently, Lam Research has a market capitalization of $106.78 billion.
Buying $1000 In LRCX: If an investor had bought $1000 of LRCX stock 15 years ago, it would be worth $22,018.47 today based on a price of $82.39 for LRCX at the time of writing.
Lam Research's Performance Over Last 15 Years
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
